Building Bridges: Your Community and Labor Report
National Edition
Produced by Ken Nash and Mimi Rosenberg
27'58"
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Foreclosed: The State of the Dream
with
Brenda Cotto-Escalera,Exec. Dir.,United for a Fair Economy
Amaad Rivera, Director, UFE's Racial Wealth Divide Program

United for a Fair Economy new reports is on the subprime lending
crisis which has caused the greatest loss of wealth to people of color
in modern US history.For tens of millions of people in the US, owning
a home is the essence of the American dream, representing as it
does economic achievement & some measure of security. The Rev.
Dr. Martin Luther King, Jr., would undoubtedly agree, and aspired to
make the dream more broadly available - to Blacks, Latinos & Asians
as well as Whites, to poor people as well as rich. But now, the sub-
prime lending crisis has spread its tentacles across the country
causing the greatest wealth setback for people of color ever.
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Reverend Martin Luther King, Jr. at District 65 UAW
(30TH ANNIV) â MADISON SQUARE GARDEN Rally, Oct. 1963 -

Speaking less than a month after the Birmingham Church bombings
which killed four young girls, King lambasts governments at all levels
for their lack of urgency in enforcing the laws where Afro-Americans
are concerned. He honors District 65 for its tradition of militancy which
all too many trade unions lost after their vibrancy in the 30âs & decries
the lack of economic justice with millions jobless and poor in a
supposedly ârobust economyâ .

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